
Eric Anderson, head of LATAM equities & CIO LATAM investments at ING Investment Management, talks to Professional Adviser about the investment opportunities in Latin America * Investors now understand there is a good investment story in Brazil, but what about the other markets in the region? Are there any that are comparable to Brazil? * What are the long term trends which are driving the markets in the region? * The continued uncertainty over the global economy has caused outflows from equity funds in the developed markets. But Latin American equity funds have consistently been absorbing new money. Why do you think this is? * What are your predictions for economic growth in LATAM this year? * Which countries will have the best performance among LATAM over the next 12 months? * What do you see commodities happening the price during the rest of the year? * What are the best investment opportunities apart from commodities? * The Brazilian election is due on 3 October; historically, these have been volatile times for the markets, so what are the implications of the forthcoming election in terms of its effect on the markets? * BNDES, the country's state-owned development bank, has been called "the best bank in the world". But a former BNDES chairman, Luiz Carlos Mendonça de Barros, said recently it is a serpent's egg. Do you believe it is hampering the development of the financial services industry in Brazil and why?
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ING